JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering Capped Buffered Return Enhanced Notes linked to the S&P 500® Index, maturing on February 23, 2029. These unsecured notes target 2.00x any positive Index return, capped at a maximum return of at least 32.85%, or at least $1,328.50 per $1,000 note.
If the Index is flat or down by up to the 10.00% buffer, investors receive back principal at maturity. If the Index declines by more than 10.00%, repayment is reduced 1% for each additional 1% decline, up to a 90.00% loss of principal. The notes pay no interest, provide no dividends, and carry the credit risk of both JPMorgan Financial and JPMorgan Chase & Co.
The indicative estimated value is about $990.20 per $1,000 note, and the final estimated value will not be less than $960.00 per $1,000, reflecting structuring and hedging costs. The notes are not listed on an exchange, and any secondary market pricing is expected to be below the original issue price.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable notes linked to the S&P 500® Index with a $1,000 denomination (minimum investment $10,000). The notes may be automatically called on February 18, 2027 if the index closes at or above the strike level, paying $1,000 plus a call premium of at least 9.60%.
If not called and the index finishes above the strike on the February 7, 2028 valuation date, investors receive an uncapped leveraged upside of at least 1.50x the index gain. If the index is below the strike but within the 20.00% contingent buffer, the notes pay the absolute index loss as a positive return, up to a maximum of $1,200 per $1,000 when the index decline is 20%.
If the index closes more than 20.00% below the strike at maturity, principal is reduced 1-for-1 with the index loss, and investors can lose some or all of their money. The notes pay no interest or dividends, are unsecured obligations not listed on any exchange, and carry the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The indicative estimated value is about $980.50 per $1,000, and will not be less than $970.00 at pricing, reflecting embedded selling, structuring and hedging costs, as well as complex U.S. tax and potential Section 871(m) considerations.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the Nasdaq-100, Russell 2000 and S&P 500 indices, maturing on August 17, 2028, in minimum denominations of $1,000.
The notes pay a monthly contingent interest rate of at least 9.25% per annum (at least $7.7083 per $1,000) only if on a review date each index is at or above 70.00% of its initial value. Starting with the August 13, 2026 review date, the notes are automatically called if each index closes at or above its initial value, returning $1,000 plus the applicable contingent interest, with no further payments.
If the notes are not called and on the final review date any index finishes below 70.00% of its initial value, investors lose 1% of principal for each 1% decline in the least performing index, potentially losing their entire investment. The notes are unsecured obligations subject to the credit risk of JPMorgan Financial and JPMorgan Chase & Co. The preliminary estimated value is about $966.60 per $1,000 note, and the final estimated value will not be less than $900.00 per $1,000.
JPMorgan Chase Financial Company LLC is offering capped buffered equity notes linked to the lesser performer of the Dow Jones Industrial Average and the S&P 500 Index, maturing on February 13, 2031. The notes provide 1.00x upside on the weaker index, capped at a maximum return of at least 147.10% per $1,000 note.
Principal is protected only by a 25.00% downside buffer; if the lesser-performing index falls more than 25.00%, investors lose 1% of principal for each additional 1% decline, up to a 75.00% loss. The notes pay no interest or dividends and are unsecured obligations of JPMorgan Financial, fully and unconditionally guaranteed by JPMorgan Chase & Co., with payments subject to their credit risk.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked to the MerQube US Large-Cap Vol Advantage Index, fully and unconditionally guaranteed by JPMorgan Chase & Co., with a scheduled maturity on February 21, 2031.
The notes pay a monthly contingent coupon of at least 11.30% per annum (about 0.94167% per month) only when the Index on an Interest Review Date is at or above 60% of its initial level. Missed coupons can be paid later if the barrier is met on a future review date.
The notes may be automatically called quarterly starting February 17, 2027 if the Index is at or above its initial level, returning principal plus due and unpaid contingent interest. If held to maturity and not called, investors receive full principal only if the final Index level is at least 50% of the initial level; otherwise, repayment falls one-for-one with the Index decline, with the potential for a complete loss of principal.
The underlying MerQube Index uses leveraged exposure (up to 500%) to E-mini S&P 500 futures and is reduced by a 6.0% per annum daily deduction, which drags performance and can cause the Index to lag similar strategies without this fee. The notes are unsecured, unsubordinated obligations, not bank deposits, not FDIC insured, and their value is sensitive to JPMorgan’s credit. If priced on the described date, the estimated value would be about $934.30 per $1,000 note and will not be less than $900 at pricing.
JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering digital contingent buffered notes linked to the lesser-performing of the Russell 2000 Index and the S&P 500 Index. Each note has a $1,000 denomination and matures on July 19, 2027, using index levels averaged over July 8–14, 2027.
If the ending level of each index is at or above its strike level, or down by no more than the 30% contingent buffer, investors receive a fixed contingent digital return of at least 12.95%, capping the maximum payoff at $1,129.50 per $1,000 note. If either index falls more than 30% below its strike, principal is reduced 1-for-1 with the loss on the worse index, and all principal can be lost.
The preliminary estimated value is about $993 per $1,000 note and will not be less than $980, reflecting embedded selling commissions, structuring and hedging costs. The notes are unsecured obligations, not bank deposits or FDIC insured, have complex U.S. tax treatment, and are not designed for short‑term trading or assured liquidity.
JPMorgan Chase Financial Company LLC is offering auto callable contingent interest notes linked separately to the S&P 500 Index, the State Street Energy Select Sector SPDR ETF and the EURO STOXX 50 Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes run to August 17, 2027, in $1,000 minimum denominations.
Holders receive a contingent interest payment only if on a Review Date the closing value of each underlying is at or above its Interest Barrier, set at 80% of its initial value. If any underlying is below its Trigger Value of 60% at final valuation and the notes have not been called, principal is reduced in line with the decline of the least performing underlying, potentially to zero.
The notes may be automatically called as early as August 12, 2026 if each underlying is at or above its initial value, repaying $1,000 plus due interest and any unpaid contingent amounts. A hypothetical contingent interest rate of 9.15% per annum (0.7625% per month) is illustrated, and if priced on the reference date the estimated value would be about $973.30 per $1,000, with a minimum estimated value at least $940. The securities are unsecured obligations subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co., offer no dividends or fixed interest, may be illiquid, and carry complex tax and sector-specific risks.
JPMorgan Chase Financial Company LLC, fully guaranteed by JPMorgan Chase & Co., is offering auto callable contingent interest notes linked to the least performing of the Dow Jones Industrial Average, Nasdaq-100 Index and Russell 2000 Index, maturing in February 2031.
The notes pay a monthly contingent coupon of at least 7.50% per annum only when each index is at or above 75% of its initial level, and they may be automatically called quarterly starting in February 2027 if all three indices are at or above their initial values. If held to maturity and any index finishes below 70% of its initial level, investors’ principal is reduced one-for-one with the decline in the worst index, with the potential for a total loss.
The notes are unsecured, unsubordinated obligations subject to the credit risk of both JPMorgan Chase Financial Company LLC and JPMorgan Chase & Co., are not FDIC insured, and will not pay dividends from the underlying indices. Estimated value at pricing is expected to be below the $1,000 issue price, reflecting selling commissions, hedging costs and issuer funding assumptions.
JPMorgan Chase Financial Company LLC is offering unsecured, unsubordinated structured notes linked to the lesser performance of the Nasdaq-100 Index® and the S&P 500® Index, fully and unconditionally guaranteed by JPMorgan Chase & Co. The notes are expected to price on or about February 11, 2026, settle on or about February 17, 2026, and mature on February 15, 2029, in minimum denominations of $1,000.
At maturity, if both indices stay at or above their initial levels minus a 20% buffer, investors receive at least their principal; if both rise, they earn an uncapped return of at least 1.02 times the gain of the lesser-performing index. If either index falls more than 20%, principal is reduced 1% for each additional 1% decline in the lesser-performing index, up to a maximum 80% loss. The notes pay no interest, provide no dividends, carry significant market and liquidity risk, and are subject to the credit risk of both JPMorgan Financial and JPMorgan Chase & Co. The preliminary estimated value is about $983.80 per $1,000 note, and the final estimated value will not be less than $900.00.
JPMorgan Chase Financial Company LLC is offering unsecured Uncapped Dual Directional Accelerated Barrier Notes linked to the S&P 500® Futures Excess Return Index, maturing on February 15, 2030 and fully guaranteed by JPMorgan Chase & Co.
At maturity, if the index rises, holders receive the $1,000 principal plus at least 1.5275× any positive index return. If the index is flat or down but not below 60% of its initial level, investors gain 50% of the index’s absolute decline, capped at a 20% maximum positive return ($1,200 per $1,000).
If the index finishes below the 60% barrier, principal is exposed 1-for-1 to the full negative index move, up to total loss. The notes pay no interest, are not FDIC insured, and their value depends on the credit of JPMorgan entities. The estimated value is about $980 per $1,000, and will not be less than $950 when finalized.